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I ..... �m—,f;:o;ciner,....... w....,.._.... ...._....._...._......_._....._ _.._.._.__..7 __.._... ,_.._ pacinrm of more interest than the law permies, then you wilt only tias�tli8 }Fjei� from me the atnoum of mtercst which the taw allows you to collect. COMPLETE. NESSOF THIS CONTRACT: Thiscontractcanonly c a gedi f0iyouandIagreeinwriting. The following notice brings to my attention the nghts that I haw even when this contract is sold to a financial institution or a bank, and i should notice that the impor- tance of this provision is stressed by its appearance in ten point. Mid face type: 10686 O NOTICE $%— This credit contract finances a purchase. All legal rights which the Buyer has against the Seller arising out of this transaction, including all claims and defenses, are also valid against any holder of this contract. The right to recover money from the holder under this provision Is limited to the amount paid by the buyer under this contract. A claim is a legally valid reason for suing the Salter. A defense Is a legally valid reason for not paying the Salter. A holder is anyone trying to collect for the purchase. INSURANCE CANCELLATION: If I have requested insurance in this purchase. I may cancel such request for insurance for any reason within fifteen( 15) days from the bate of this contract by notifying you or the holder of this contract in writing. I know that the cancellation of my coverage will be arranged with the insurance carrier(s) and a full refund of my premiums) together with applicable finance charge will he credited to this contract. PLEASE NOTE: If I have re quested insurer c in this purchase. i will receive within thirty (30) days a certificate of insurance more fully describing the insurance coverage. 1 know that if there is an conflict in the coverage or the language of the certificate of insurance and the following Notice of Proposed insurance that 1 am covered only to the extent stated in the following Notice of Proposed Insurance. I also know that 1 have insurance coverage only if 1 have been charged for it. NOTICE OF PROPOSED INSURANCE I take notice that either Credit Life or Credit Accident and Health insurance, or both, will be applicable to this Sales Contractor, he reverse side only if i have chosen it by signing dx request for such insurance. This insurance will only cover the person signing the request at the cost for each type of insurance shown. Subject to acceptance by the insurance company, the insurance will be effective as of today and will continue only for the number of months after the effective date equal to the numberof monthly payments. I understand that this particular insurance may not provide coverage for my last few payments, and that during that period of time 1 will not have any insurance coverage- All benefits and proceeds of the insurance will be id to von or to a financial institution or a bank if it purchases the Sales Contract to the extent of its interests and anv balance will be payable tome. The initial amount of Credit life Insurance is the amount required tore ppay the Total of Payments; thereafter, the insurance decreases by the amount of each monthly payment on a scheduled 30 day basis. If I am ,intly obligated on the Sales Cnntract with a Co- Buyer, and we have both signed the request for Credit Life Insurance, death benefits will be payable only with resppeect to t�e first one of us to die. Subject to exclusions, eliminations or waiting period stated in the insurance policy or certificate. Credit Accident and Health Insurance is for the henefit amount of 1 30th of each month's payment for each day that i am totally disabled due to an injury or sickness while I owe any payment to you; however. I understand that 1 have to be prevented from working due to such total disability for more than four- teen (11) consecutive days before the insurance benefit is paid back to the first day of my total disability. I also know that i cannot obtain any insurance from you If i am over 65 years of age today, and I also know that the insurance coverage provided to me may contain a maximum amount of coverage which will not pay In some cases, the entire amount that I owe you. Due to the maximum amount of coverage stated in the insurance policy. I know that any unpaid amount in excess of the insurance coverage will still have to be paid if the Sales Contract is prepaid in full prior to the last payment date. any unearned insurance premiums will be refunded tome in the man - nerprescribed by law. Within thirty 13(1) days, I will receive the certificate of insurance more fully describing my insurance coverage. If the insurance is not accepted by the insurance company, l will receive a refund tit the mwrance premiums I have paid BUYER: The next two paragraphs contam warranties relative to this sale given by us to the financial institution or hank in ordei for it to buy this contract. SELLER'S WARRANTIES AND ASSIGNMENT OF INSTALLMENT SALES CONTRACT AND ORTGAGE��yp� J � FOR VALUE RECEIVED. Seller hereby ells. asstpp'm, conveys. transfers and delivers to � 1 Lei L � ; ' (AssigneeI all of its rights, title and interest in and to the Installment Sales Contract and 3fottgage, together with all liens existing to secure its pay tent. and the property encumbered hereby. Assignee is hereby substituted as Mortgagec under the Mortgage provisions of this contract. Seller warrants and represents: ( I ) It has the right to make this assignmem; (1) All statements and figures in this contract and in the Buyer's statement are materially true and correct; (3) This contact arose from the bona fide sale of tine goods and services described herein. i1) The .ash downpaymeni shown in this contract was actaal(y paid by Buyer and no part of said duu•npayment was loaned di- tecti or indirectly by Seller to Buyer. i 5) Each Buycr is legally competcin to contract: (6) This contract is'tot and will not be subject to any claim, defense, demandorright of offset; 17) The' of this o>ntract and the undcrl%mg sales transaction giving rise thereto did not violate any federal or state law, directive. rule oar regulation now in effect: (8) In the event that this wmract or the underly;ng sales transaction is subject to a right of rescission or cancellation by the Buyer. such rescission or cancella- tionpenodhasexpiredandneitherthesaleri ,wthi,o,ntraa has been cancelledorrescinded THIS CONTRACT IS SOLD BY SELLER WITHOUT RECOURSE. IN TESTIMONY WHEREOF. the undersigned a an authorized repr�eesentative of the Seller and has signed below on behalf of the Seller on this day of 1 �'Vsr- wv�JlJ+�i - - -- ._. __ - _ - .I9.. o-._'?, The foregoing instrument was aAnosviedgcd heh•re me. r __.__......_._._. 1'Low.a�. 1-3 __ -- !982 by the authorized agent of Seller who is \fycommisvonexpues - - n c nr 4 THE PACESETTER CORPORATION (seller)) By y1 XhXDOin P, LB in a%p�d S$ ��•r'li� � � re I a>